Repco Corp. trades
Repco Corporation NZ, the result of the merger between Andrews and Beaven, MSI Corporation, and Repco New Zealand, traded for the first time on a mixed, busy national sharemarket yesterday. It traded between 97c and 100 c. Meat issues were again the centre of interest, although it was Canterbury Frozen Meat and Waitaki NZ Refrigerating which were firmer, neither of which are subject to bids. R. and W. Hellaby fell 20c to 125 c after CFM had obtained the interest it sought, and 388,620 Southland Frozen Meat shares sold at a steady 305 c. The Primary Producers’ Co-operative Society is seeking an unspecified interest in SFM. Lane’s Industries eased a further 3c to 112 c after announcing a loss in its latest year. Last week the issue sold at 140 c.
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Press, 2 July 1983, Page 20
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134Repco Corp. trades Press, 2 July 1983, Page 20
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